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Rupee opens 9 paise weaker at 85.80 per USD

The Rupee opened 9 paise weaker at 85.80 in the backdrop of the escalating war between India and Pakistan. The has been triggered by Pakistan-sponsored terrorists killing 26 tourists in Pahalgam, Kashmir, on April 22, 2025. The Rupee, which closed 88 paise down at 85.71 per US Dollar against previous close of 84.83, is currently...
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Watch out for these stocks: BPCL, M&M Financial, Lupin, Paytm, Electronics Mart, Infosys, Ampvolts, Brigade Enterprises, Venus Pipes, Mastek, Uno Linda, RateGain Travel

Bharat Petroleum Corporation (BPCL) has awarded contracts for the development of 100 MW Windfarm Projects — 50 MW each in Madhya Pradesh and Maharashtra — as part of its strategy to transition to renewable energy and reduce reliance on imported fossil-based power. Letters of Award (LOA) have been issued to Suzlon Energy for the wind...
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Q4 Results 08th May Highlights: L&T, Asian Paints, Britannia, Canara Bank, Union Bank of India, Titan, Zee Entertainment, Kalyan Jewellers announce Q4 results

Asian Paints (YoY) Revenue expected at ₹8590 crore versus ₹8701 crore EBITDA expected to be seen at ₹1569 crore versus ₹1691 crore EBITDA margin expected to be seen at 18.27 per cent versus 19.44 per cent Net profit expected to be seen at ₹1074 crore versus ₹1256 crore Bharat Forge (YoY) Revenue expected at ₹3679...
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FPIs investment in corporate debt securities will no longer face short-term investment and concentration limits

Foreign Portfolio Investors’ (FPIs) investment in corporate debt securities will no longer face short-term investment limit and concentration limit, according to RBI. This relaxation comes in the backdrop of the financial markets facing volatility due to geopolitical tensions and tariffs wars. Arvind Kanagasabai, Executive Vice President-Integrated Treasury, Tamilnad Mercantile Bank, said removal of short-term investent...
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A comprehensive list of 2025 tech layoffs

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re...

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